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Event Bets Pose A Problem For Wall Street Firms Looking To Trade

by The Wealth Advisor Contributor
(Bloomberg) - Prediction markets are booming. Wagers on everything from the return of Jesus Christ to who will win the World Cup have driven weekly volumes on platforms like Polymarket (POLA.PVT)and Kalshi (KLSH.PVT) into the billions of dollars.

Featured

'Not As Bullish': Big Banks Are Entering Q1 Earnings Season On Less Certain Footing Than In January

(Yahoo!Finance) - Wall Street’s biggest banks are riding into the first quarter earnings season on far less certain ground than where they began 2026.

Here’s What’s Been Sailing Through Hormuz as Trump Vows Blockade

Portfolio Construction Remains The Dominant Determinant Of Long-Term Investment Outcomes

Portfolio construction remains the dominant determinant of long-term investment outcomes, even as markets evolve and macroeconomic conditions grow more complex.

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The Trust Advisor

Do Power Divorces Need To Get Messy?

Wealthy people have assets to protect . . . and the resources to invest in protecting themselves. And yet, over and over, UHNW splits turn ugly.

The Trust Advisor

Star Trek Actress In Conservatorship Battle

Legendary actress Nichelle Nichols, best known as Lieutenant Uhura on Star Trek, is suffering dementia and torn between manager and heirs.

TAMPs

AssetMark: Bust The Myths Around Client Communication

Every advisor knows that client communication is essential, but financial advisors often fall prey to common misconceptions about how it really works.

TAMPs

Beaumont: Should Investors Wait For A Better Deal?

While historic events are certainly painful outliers, both data and market mechanics support investing at new highs or rather not “waiting for a dip."

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FundFocus

'The End Of The Road': Market Heavyweights Michael Burry And Jeff Gundlach Eye Trouble Ahead For Private Credit

The Trust Advisor

Campbell’s Soup Heirs, Colleges Fight Over $65 Million Endowment

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Vanguard Launches "Expert Insights," Equipping Advisors With AI-Powered Portfolio Analysis Expertise

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Jamie Dimon Highlights Iran War, Private Credit, And AI-Driven Job Losses As Major US Risks In His Annual Letter

Companies

Why JPMorgan Is Warning Tesla Stock May Crash 60%

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